When we travel the nation to teach the Financial Learning Experience, we encourage people to call us when they achieve debt freedom. We’re getting these calls more and more, and I just wanted to share one of those calls with you.

This couple is THROUGH with debt! They announced that they were breaking up with debt in October 2007. They have agreed to share their Debt Freedom March with everyone in the hopes of inspiring others to do the same!

Here is this month's update.

Since the last update in September, another $8,600 has bit the dust!

Overall, we really have control over our budget. Still doing a GREAT job with the cash envelopes and we DO NOT live pay check to pay check at all!! 🙂 Actually, neither one of us know it is pay day until the deposit slip comes in the mail. It is a wonderful feeling.

Couple #2 have torched over $33,000 in debt in less than two years! They are ON IT! They have backed off on the debt pay-off plan for a little while because they are replenishing their emergency fund and their new baby fund! Exciting times for Couple #2!

I have seen a lot of people use the crutch of "it is medical bills" and expect to receive a free pass on the debt. That is so frustrating because in nearly all cases, the reason the medical bills exist is because the individual or family opted out of carrying health insurance.

I have seen a lot of people use the crutch of "I lost my job" and expect a response of "Oh, that makes your debt OK." BUT it would have never happened if they would have made an emergency fund of three to six months of expenses their top priority instead of a house, cars, furniture, and numerous other "gotta-have-it" purchases.

You simply can not borrow your way out of debt. It requires a written plan and a ton of focus. You can start your journey by reading THIS SERIES and preparing your own written spending plan using the FREE TOOLS.